David Brodwin, U.S. News: “Can Public Banking Finance the New Economy?”

Posted on September 27, 2012 by Ellen Brown

North Dakota shines like a bright star in the dark night of America’s Great Recession. It stands out for two reasons: First, it led the United States in sustaining a strong economy and high employment through the last four years. Second, it is the only state in the union with a publicly-owned bank. Many believe the Bank of North Dakota played an important role in stabilizing the state’s economy, and they would like to replicate public banks nation-wide. It will be a tough fight, and an important one.

Read the whole article here.

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  1. How could a publicly-owned bank help an economically struggling state? | Public Banking in Connecticut, on October 22, 2012 at 11:28 am said:

    [...] David Brodwin, U.S. News: “Can Public Banking Finance the New Economy?” [...]

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